Friday December 27, 2024

JPMorgan Executive Sees Big Future for India’s CBDC Initiative

JPMorgan Executive Sees Big Future for India’s CBDC Initiative

by Bitcoin.com August 30, 2024 1 min read

(Originally posted on : Bitcoin News )

Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in India, particularly after the 2022 launch of the central bank digital currency (CBDC), the e-rupee. He noted that CBDCs represent a significant advancement for Indian payments, positioning them as the next step in the evolution […]

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